Forge Place, Cheapside - B12 0PS
Key Building Insights
Forge Place, Cheapside is a residential building situated on Cheapside, Deritend, Birmingham, B12 with 39 addresses.
It ranks as the 411th largest and 133rd most expensive of the 485 buildings in the B12 area. The most common property type is a modern flat built after 1980.
The building contains a total of 39 properties: 39 flats.
- Ave. Sale Price
- £136,281
- 10 Year change
- down 3.2%
- Ave. Rental Price
- £805pcm
- 10 Year change
- up 25.4%
- Ave. £ per ft²
- £226/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Building Insights
Forge Place, Cheapside is a residential building situated on Cheapside, Deritend, Birmingham, B12 with 39 addresses.
It ranks as the 411th largest and 133rd most expensive of the 485 buildings in the B12 area. The most common property type is a modern flat built after 1980.
The building contains a total of 39 properties: 39 flats.
- Ave. Sale Price
- £136,281
- 10 Year change
- down 3.2%
- Ave. Rental Price
- £805pcm
- 10 Year change
- up 25.4%
- Ave. £ per ft²
- £226/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertieson Cheapside, Deritend, Birmingham, B12
- Flat 1, Forge Place 166 Cheapside
2 Bed Modern Flat
- Flat 2, Forge Place 166 Cheapside
2 Bed Modern Flat
- Flat 3, Forge Place 166 Cheapside
2 Bed Modern Flat
- Flat 4, Forge Place 164 Cheapside
2 Bed Modern Flat
- Flat 5, Forge Place 164 Cheapside
2 Bed Modern Flat
Sales Market Trends
The last sale in Forge Place, Cheapside sold for £154,000 on 22nd December 2023. Since then prices are down an average of 9.2%.
The current average value in the building is £136,281.
The Forge Place, Cheapside Sales Market has decreased by 3.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -8.5% | £136,281 |
| June 2025 | -3.2% | £148,917 |
| June 2024 | -0.5% | £153,849 |
| June 2023 | -2.8% | £154,580 |
| June 2022 | 1.4% | £158,992 |
| June 2021 | -1.6% | £156,854 |
| June 2020 | 5.2% | £159,331 |
| June 2019 | -4.2% | £151,426 |
| June 2018 | 5.7% | £158,123 |
| June 2017 | 6.2% | £149,526 |
| June 2016 | 6.8% | £140,805 |
| June 2015 | 7.6% | £131,791 |
| June 2014 | 2.4% | £122,449 |
| June 2013 | 2.8% | £119,596 |
| June 2012 | -3.9% | £116,375 |
| June 2011 | -1% | £121,113 |
| June 2010 | 10.1% | £122,324 |
| June 2009 | -20% | £111,145 |
| June 2008 | -13.2% | £138,911 |
| June 2007 | 0% | £160,115 |
Rental Market Trends
The current average rental value in the building is £805.
The Forge Place, Cheapside Rental Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £805pcm |
| June 2025 | 0.1% | £818pcm |
| June 2024 | 7% | £817pcm |
| June 2023 | 9.3% | £764pcm |
| June 2022 | 9.5% | £699pcm |
| June 2021 | 1.2% | £638pcm |
| June 2020 | -1.5% | £630pcm |
| June 2019 | 0.4% | £640pcm |
| June 2018 | -2.1% | £637pcm |
| June 2017 | 1.4% | £651pcm |
| June 2016 | 4.3% | £642pcm |
| June 2015 | 3.8% | £615pcm |
| June 2014 | 2.3% | £593pcm |
| June 2013 | 1.5% | £579pcm |
| June 2012 | -0.3% | £571pcm |
| June 2011 | 1.9% | £573pcm |
| June 2010 | 0.9% | £562pcm |
| June 2009 | -4.1% | £557pcm |
| June 2008 | -1% | £581pcm |
| June 2007 | 0% | £587pcm |
Sales History
The last sale was on 22nd December 2023 for £154,000 and since then the market in the area has decreased by 9.2%. The building has had a total of 11 sales since 1995.
Forge Place, Cheapside, Deritend, Birmingham, B12 0PS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£154,000 | 2 Bed FlatFlat 17, Forge Place 166, Cheapside, Birmingham, B12 0PSFlat 17, Forge Place 166, Cheapside, Birmingham, B12 0PS
- Sold Feb 2022£168,000 | 2 Bed FlatFlat 7, Forge Place 164, Cheapside, Birmingham, B12 0PSFlat 7, Forge Place 164, Cheapside, Birmingham, B12 0PS
- Sold Oct 2015£121,500 | 2 Bed FlatFlat 16, Forge Place 166, Cheapside, Birmingham, B12 0PSFlat 16, Forge Place 166, Cheapside, Birmingham, B12 0PS
- Sold Oct 2015£135,500 | 2 Bed FlatFlat 12, Forge Place 164, Cheapside, Birmingham, B12 0PSFlat 12, Forge Place 164, Cheapside, Birmingham, B12 0PS
- Sold Sep 2015£124,000 | 2 Bed FlatFlat 32, Forge Place 166, Cheapside, Birmingham, B12 0PSFlat 32, Forge Place 166, Cheapside, Birmingham, B12 0PS
Property Types
- 39 modern flats built after 1980
- modern flat (39)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 39 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (13)
- F (0)
- C (21)
- G (0)
- D (4)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2015£2,160,338 | 1 Bed FlatApartment 14, The Point 100, Cheapside, Birmingham, B12 0PUApartment 14, The Point 100, Cheapside, Birmingham, B12 0PU
- Sold Jul 2022£309,000 | 3 Bed FlatFlat 26, Digbeth Square 193, Cheapside, Birmingham, B12 0QFFlat 26, Digbeth Square 193, Cheapside, Birmingham, B12 0QF
- Sold Oct 2022£305,300 | 2 Bed FlatFlat 428, Digbeth Square 193, Cheapside, Birmingham, B12 0QFFlat 428, Digbeth Square 193, Cheapside, Birmingham, B12 0QF
Schools Nearby
- St Anne's Catholic Primary School300 m away
- Harper Bell Seventh-day Adventist School300 m away
- Chandos Primary School700 m away
- Ark St Alban's Academy700 m away
- Birmingham Ormiston Academy1.3 km away
- Holy Trinity Catholic School1.4 km away
More reading links
Public Transport Nearby
The closest station to Forge Place, Cheapside, Deritend, Birmingham, B12 0PS is Bordesley station, which is 400 metres away.
- Bordesley|400 m away
- Birmingham Moor Street|1.0 km away
- Birmingham New Street|1.2 km away
- Birmingham Snow Hill|1.7 km away
